From Nasdaq:

Amazon (NASDAQ: AMZN) stock had a 3% price gain on Monday after an investment bank initiated coverage with a positive analyst note and a report of analysts’ bullish views. Before market open, BMO Capital’s Brian Pitz initiated coverage of Amazon with an outperform (buy) recommendation at a $200 per share price target, citing the performance of the company’s Amazon Web Services and its retail operations. An overwhelmingly positive view from various bull analysts led to multi-part harmony among analysts. Amazon was also named one of the ten best stocks for investors to buy right now.



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